Cost accounting: operating line, breakdown of costs (fixed and variable, direct costs and indirect costs), cost elements (materials, labour, depreciation, interest, risks), costing and variable costing, costs allocation: division calculation (simple and gradual), overhead calculation (summary and differentiated) managerial accounting, co-product costing, equivalent size calculation; income calculation: contribution margin, summary and stage contribution account; decision making: opportunity cost, scheduling, price caps and price limits, break-even analysis, method comparison.
Technical Sales and Distribution Management (Bachelor)
Language of instruction
After the completion of the course "Cost Accounting" the students will be able to determine the different types of cost accounting and use in practice. Furthermore, the students will be able to analyse contribution margin accounting and critically compare different decisive costs with each other.